hi, I am thinking about getting a home equity loan to pay for my daughter tuition for school. My credit is not very good but, I do have over 75,000 in equity. I am thinking about applying for 25k and was wondering if it would be difficult. I am applying for the loan through the same bank that holds my mortgage, which I have never been late on. thanks!
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Will It Be Difficult For Me To Get A Home Equity Loan?
Thursday, May 21st, 2009Which Would Be Better For Us, Taking Out A Home Equity Loan Or Refinancing?
Saturday, May 16th, 2009My husband and I want to take about $15,000 to pay off debt and renovate our home, which we just purchased last July. Our current interest rate is 7.25% and we owe about 65k on our home that appraised at 100k. The problem is that our credit is not great and not well established. Which would be the best option for us, home equity loan or refinance?